Potential sale of M1

M1 biggest key shareholders Malaysian telecom firm Axiata Group (28.54%), Keppel Telecommunications & Transportation (19.23%) and Singapore Press Holdings (13.38%) announced on 17 March that they are evaluating selling their combined stakes worth more than $1.14 billion. This triggered a sharp spike in M1 trading yesterday to a high at $2.19 per share, representing 7.88% increase before … [Read more...]

Welcome 2017 and New Year Resolution

Happy New Year everyone, a brand new start to the beginning. It's the time to pen down my thoughts on what I hope to achieve for the coming year. 1) To save at least S$10k in 2017 I did not manage to save S$10k for last year due to the commitment of raising our children. We had put them in a childcare from 8am to 7pm as both of us need to work. The childcare fees in Singapore is not cheap, … [Read more...]

Review and Reflection for 2016

As the year is going to end in 4 days time, let's review and reflect what I had achieved for the year. First of all, let's look at my resolution for 2016 post here, whether I had accomplished or I can continue working on it for the coming new year. First in the list is to actively writing on my blog by setting a target of 52 posts in a year. Including this post, I had published 51 posts which … [Read more...]

FCL FY 15/16 Full Year Result Quick Summary

Frasers Centrepoint Limited posted their FY 15/16 Full Year earning report in summary below. Revenue of $3,439.6 million, 3.4% lower than previous year PBIT of $938.2 million, 15.1% lower than previous year Profit before tax of $960.3 million, 19.7% lower than previous year Attributable Profit of $597.2 million, 22.6% lower than previous year Profit for the year of $766.1 million, … [Read more...]

DBS 3Q FY 2016 Result Quick Summary

DBS Bank posted their 3Q FY 2016 earning report in summary below. It was a resilient 3Q operating performance underpinned by income growth and cost containment. These strong operating results provide substantial headroom for higher allowances to be taken as prudent measure. Net Profit increase 2% to $1.071 billion Total Income stable on quarter to $2.93 billion Expenses decline 7% on … [Read more...]

Keppel Corporation 3Q FY 2016 Result Quick Summary

Keppel Corporation posted their 3Q FY 2016 earning report in summary below. 3Q earnings decline 38% to $225 million from $363 million a year ago. Keppel said the higher contribution from its property division at 55% helped to partially offset lower profits from Offshore & Marine division at 26%. This is due to the lower volume of work, deferment of some projects and the suspension of Sete … [Read more...]

What’s next after achieving financial freedom?

Once your investment dividend return is able to cover your expenses, you can safely declare yourself financial freedom and get out of your rat race. Have did you think through what you are going to do next after leaving your job? Many will give yourself a good break by going for a deserved holiday. But what's next after your holiday? I was on medical leave for 2 days after a hectic work … [Read more...]

Accordia Golf Trust 1Q FY 16/17 DPU increased 3.4%

Accordia Golf Trust posted their 1Q FY 16/17 earning report in summary below Available Distribution of 1.82 cents for 1Q FY 16/17 Operating profit of JPY 2,975 million and Total Distributable income available for distribution was JPY 1,526 million Net Asset Value (NAV) rose to SGD $0.96 mainly due to Japanese Yen appreciation Number of visitors to AGT's golf courses in 1Q FY 16/17 was … [Read more...]

When is the good time to buy?

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This is always a millionaire dollar question to answer when someone is to find out when is the good time to go into the stock market to buy. Different person will give you different answers and I summarise below on the answers that you may find. 52 weeks low 200-days Moving Average Trading below Net Asset Value (NAV) Price-to-book value (P/B) There is no right or wrong one to use any … [Read more...]

Is it better to stay on a job for years or job hopping?

This is one question I always ask myself whether which one is more beneficial in long terms if one would to stay on for a job for many years or job hopping every 2-3 years. Before we discuss on this topic, let us do a comparison on the Pros and Cons between these two. Pros for staying a job for many years Leadership or Competent - If you are competent and have good leadership skills, your boss … [Read more...]

Frasers Centrepoint Limited 3Q FY 15/16 Result

Frasers Centrepoint Limited posted their 3Q FY 15/16 earning report in summary below. Revenue declined to $682 million, 32.5% lower than the corresponding quarter a year ago PBIT declined to $166.8 million, 46.8% lower than the corresponding quarter a year ago Profit before tax declined to $68.2 million, 62.4% lower than the corresponding quarter a year ago Profit after tax is $154 … [Read more...]

Half yearly review 2016

Time had been passing so fast and now we are already half way to the mark of 2016. I shall do a quick review of my Target Setting 2016. My goal is to save at least $10k from my primary income yearly. Although, as of now, I had already contributed $7,300 into my saving plan. Most of the savings come from my bonus in March 2016. I will not be expecting any bonus from now till the end of the year. … [Read more...]

Accordia Golf Trust 4Q FY 15/16 Result

Accordia Golf Trust posted their 4Q FY 15/16 earning report in summary below. Total Distribution per Unit (DPU) for FY 15/16 of 6.63 cents Second Distribution of 4.31 cents for FY 15/16 Operating profit of JPY 8,828 million and Total Distributable income available for distribution was JPY 6,041 million Net Asset Value (NAV) stood at SGD $0.89 Number of visitors to AGT's golf courses in … [Read more...]

To be Financial Literacy

Today I had the opportunity to educate my younger brother on financial literacy, which was not taught to us in our education. He had no idea about investing for income or for retirement. He only know that he need to save for rainy days. Just like a normal person, he put his savings into a normal saving account which earn a peanut interest annually. So I bring up the question to him, does he know … [Read more...]

Frasers Centrepoint Limited 2Q FY 15/16 Report Card

Frasers Centrepoint Limited posted their 2Q FY 15/16 earning report in summary below. Revenue increased to $898 million, 103% higher than the corresponding quarter a year ago PBIT increased to $226 million, 14% higher than the corresponding quarter a year ago Profit before tax increased to $110 million, 11% higher than the corresponding quarter a year ago Profit after tax is $123 … [Read more...]